- Read the fine print on your 401K documents. There may be management fees which you can opt out of by choosing which fund you wish to invest in.
- If you start investing in your 401K while you are young, you may want to invest in a modified 3 fund or lazy portfolio. With each year that passes change the ratio to favor more stable funds such as bonds.
- Don’t fall for the salesman pitch. You worked hard for your money and be sure you are putting it in a location that will serve you well, not someone else’s pocketbook.
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